Business Context and Reporting Period
Advanced Semiconductor Engineering, Inc. (ASE) filed a Form 6-K on August 8, 2007, reporting unaudited consolidated net revenues for the month ended July 2007. The company is a foreign private issuer based in Taiwan, providing outsourced semiconductor packaging and testing services.
Key Financial Metrics
| Metric | July 2007 | June 2007 | July 2006 |
|---|---|---|---|
| Net Revenues (NT$ Million) | 8,546 | 7,974 | 8,969 |
| Sequential Change | +7.2% | - | - |
| Year-over-Year Change | -4.7% | - | - |
Note: Starting January 1, 2007, revenues from Global Advanced Packaging Technology Limited (GAPT) were consolidated into ASE Inc.'s results. The filing does not provide data on profit, cash flow, margins, debt, or liquidity for this period.
Material Changes
- Sequential Growth: Net revenues increased by 7.2% compared to June 2007.
- Year-over-Year Decline: Net revenues decreased by 4.7% compared to July 2006.
- Consolidation Impact: The year-over-year comparison includes the full impact of the GAPT consolidation, which began in January 2007.
Outlook, Risks, and Management Commentary
The filing contains a Safe Harbor Notice regarding forward-looking statements. Management highlighted several risks that could cause actual results to differ materially from expectations:
- Cyclicality and market conditions in the semiconductor industry.
- Demand for outsourced packaging and testing services.
- Highly competitive industry environment.
- Ability to introduce new technologies and integrate mergers/acquisitions.
- International business activities and general economic/political conditions.
- Strained relations between the Republic of China and the People's Republic of China.
- Fluctuations in foreign currency exchange rates.
No specific financial guidance or outlook figures were provided in this monthly report.
Key Facts for Investor Verification
- Verify the specific contribution of GAPT to the consolidated revenue to understand the true organic growth rate.
- Monitor the sequential revenue trend to confirm if the 7.2% increase represents a sustained recovery or a one-time fluctuation.
- Review the 2006 Annual Report on Form 20-F for detailed risk factors and historical financial context.
- Check subsequent filings for profit margins and cash flow data, as this report only covers net revenues.